New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-09-16
!: 4; go: y: {: s.s!s!:s!'!|:::: !; :
THURSDAY, Sept l5--n n.

THURSDAY, Sept lS-n n.
The stock marses to-day continued to repeat yeser.
days fright, which was brought about by false rumors
almost exactly It by similar reports in the last
week in August. From August Fl to August 81. st.
Paul declined from e2os TO 80; tonight after days
decline. 1t closed at 82is Northwestern then declined
from ll3% to 1l1%; tonight closed at 1l2ia Omaha
declined from ASS to 42a; tonight It closed at 49,
Delaware. Lackawanna and Western declined from
1904 TO 1894 TO night II closed at 1881 Central OF
New Jersey declined from 73s to 70; tonight closed
at Tie Lake Shore declined from 81 to 9os; tonight
II closed 9S Louisville and Nashville declined from
62 10 59a; tonghtt closed ut COS Michigan Central
declined from S3A to 80 tonight 1t closed at S5ie
Manhattan Consolidated declined from 100 TO 1884, TO-
night 1t closed at 1903 Missouri Pacific declined from
cas- to 90a, to night 1t closed e6as EswYork Gen.
trail aud Hudson declined from 107 to 1855; night 1t
closed ut 107la Erie declined from 30L 10 2Sse to-
night IL closed at 29is NewYork aud New England do
cned from 44as to 4lf Tonight 1t closed At 4l7s.
Northern Pacific preferred declined from sos to 4Sds
tonight it closed at 52 Oregon Transconunental sold
at 2U to night 1t Chased ct 22is. Oregon Railway and
Navigation sold then At s4%; to-day at o. Philade-
pha and Reading declined from 81 s to 4Sss to-day Its
lowest price was 5SA deductiug the September A..
sessment, 53a. Richmond and West Point declined
from &c 10 23la; to-day 1t closed ct 25 Union Pacific
declined from 647e to Bla; TO- night 1t closed at S3'a
Western Union declined 72o to 70s; tonight after
break OF per cent 1t closed at 75A To appreciate
fay the significance OF the foregoing comparisons Is
needs TO DO remembered that the market in the last days
Of August flooded with damaging rumors just as IL
has been during she last two days. that the bears on
stocks than possessed confidence and faith in their
position and that ever they have claimed to hold
Of the market and have spoken and written
Of advances Of 5alo per cent natural reactions
bear reaiizationa The figures Of tonight. how
over, after two days decline. compared
with those OF August 27o3l demonstrate how largo
part the bear tactics composed Of wind Now at
higher figures they fight desperately than they
did In August with smaller results II is brag and not
coadence and the ratio Of is increased to that OF
the other 10 he proportion the rumors Of
impending disasters"
Todays markets all opened higher than last evenings
closing, but the prevailing features dulness and
steadness at the advance till after o'clock Then the
committes Issued It's bulletin. which. including
rehash OF yesterdays false statements concerning the
Baltimore and Ohio syndicate aud OF the Baltimore AMI
OHIO Telegraph and western Union went further and failed
several uptown mercantile firms. without nzmcs. II
was not The ruDors which made the sharp decline In
value in the last half hour of business but WAS tho
pressure sell stocks low possible. which In
tended to create belief 10 the rumors and induce other
selling lbe results are that prices closed at about the
lowest OF the day AMI that the short Interest was
There are Indications that the Treasury reports aud its
doiugs will tie better understood than they have been
made partial statements which only tell half the
story hereafter will he AT discount No less than five
ssaay an as for .apanSon Of he Ifea.t
methods and OF its reports With the explanation
Instances na ' ,ha, Inc rspoSt Of imported e"id
de posted tho Assay Office at Ne York last sntGr
day reached Washington Mond ay In tne To appear In
that DAYS stale nent AS bullion on hand. while the sub
TreaSurys payment for II on Tuesday could not appear
In the Washing On statement till "Wednesday: and by
comparing tho Ceasurers monthly statements for three
tbs all tho genlemea satisfied that the OF
Treasury INSCRIPTIONS scarecrow Tor etect on spec
ulstion or course. there weeks when the Treasury
gans ia money Its revenue pts ars daily d It's
payments more less Al liked dates out II is
more so this year than In all previous years
Ia aIa bonds tho business covered by sales OF
Virginia 6s deferred receipts at against 10 Tues
day. OF city bank stocks Central Natsuai sold O az
1875.
Government bonds quiet and steady at quotations
as follows: